Trend Analysis: Performs linear regression on short term (20 day), intermediate term (60 day) and long term (120 day) high and low analysis to determine if trend lines (rSquare>0.8) and channels exists. The slope is the daily gain (-loss) of the trend line.Alerts include existence of trend channels and recent break outs.
TrendTermSlopeTodays ValuerSquare
Tops Long -0.06 28.14 0.58
Bottoms Long -0.06 25.69 0.67
Tops Intermediate 0 29.52 0.20
Bottoms Intermediate -0.18 23.38 0.69
Tops Short 0 29.41 0.02
Bottoms Short 0.06 29.21 0.15
alerts